Joint Venture To Acquire Eagle Hospitality

A joint venture will spend approximately $237.6 million to purchase Eagle Hospitality Properties Trust Inc. (EHP) lifting the stock price $1.35 to close at $13.25.

Greatbatch To Buy Enpath

Enpath Medical Inc. (NPTH) will be acquired by Greatbatch Inc. (GB) for approximately $96.5 million in cash. Shares of Enpath soared $3.07 to close at $14.20 while Greatbatch stock edged up 22 cents to close at $29.03.

CF Industries Downgraded

Citigroup downgraded CF Industries Holdings Inc. (CF) for the limited upside to its stock price sending the stock price tumbling $3.39 to close at $39.69.

MEMC Downgraded

An analyt downgraded MEMC Electronic Materials Inc. (WFR) and slashed the price target on the semiconductor component maker sending the stock price down $2.66 to close at $54.88.

Radio Shack's Earnings Surge

First quarter earnings surged for Radio Shack Corp. (RSH) to 31 cents per share compared with 6 cents per share last year as the company slashed expenses. The stock price climbed $1.35 to close at $29.07.

Ionatron To Get Navy Contract

The U. S. Navy posted a notice that a sole source contract will be awarded to Ionatron Inc. (IOTN) for its Counter IED technology sending the stock price surging $1.06 to close at $6.15.

MEMC Downgraded

MEMC Electronic Materials Inc. (WFR) posted earnings that rose to 58 cents per share from 56 cents per share a year earlier but was downgraded by an analyst concerned about an oversupply of polysilicon. Shares of the semiconductor component maker plummeted $9.61 to close at $57.54.

Earnings Climb For Cummins

Cummins Inc. (CMI) reported higher first quarter earnings of $1.42 per share compared with $1.35 per share last year that beat expectations and lifted its full year forecast. The stock price leaped $10.15 to close at $96.14.

Earnings Rise For Baidu.com

Chinese Internet portal Baidu.com Inc. (BIDU) posted sharply higher earnings of 32 cents per American depositary share up from 11 cents per American depositary share on strong traffic growth that beat expectations. The stock price leaped $15.20 to close at $124.57.

Beacon Roofing Warns Of Loss

Beacon Roofing Supply Inc. (BECN) warned of a loss for the second quarter prompting a downgrade. The stock price dropped $1.76 to close at $16.35.

Earnings Surge For Varian Semiconductor

Varian Semiconductor Equipment Associates Inc. (VSEA) reported a surge in second quarter earnings to 69 cents per share from 26 cents per share a year earlier. The stock price leaped $12.99 to close at $69.99.

Omnicare Disappoints

Omnicare Inc. (OCR) reported a sharp drop in first quarter earnings to 35 cents per share from 43 cents per shares last year and lowered its full year outlook sending the stock price plummeting $6.42 to close at $34.90.

Wendy's May Sell Itself

Wendy's International Inc. (WEN) is exploring strategic alternatives to increase shareholder value including the possible sale of the company. The stock price jumped $5.31 to close at $37.99.

Align Swings To Profit

Align Technology Inc. (ALGN) returned to profitability with earnings of 10 cents per share compared with year ago losses of 8 cents per share and raised guidance for its dental products business. The stock price leaped $5.91 to close at $23.60.

Affymetrix Swings To Loss

Affymetrix Inc. (AFFX) swung to a first quarter loss of 6 cents per share compared with earnings of 3 cents per shares a year earlier and provided a disappointing full year outlook. The stock price plunged $3.59 to close at $27.88.

Computer Sciences To Acquire Covansys

Computer Sciences Corp. (CSC) will acquire Covansys Corp. (CVNS) in an all cash deal worth approximately $1.3 billion. Shares of Covansys jumped $6.49 to close at $33.29 while Computer Sciences stock eased 14 cents to close at $55.83.

Harman International To Go Private

Harman International Industries Inc. (HAR) will be taken private by Kohlberg Kravis Roberts & Co. and GS Capital Partners sending the stock price soaring $19.94 to close at $122.50.

F5 Networks Beats Expectations

F5 Networks Inc. (FFIV) reported higher second quarter earnings of 47 cents per share compared with 39 cents per share a year earlier to beat expectations and forecast third quarter revenue ahead of analyst estimates. The stock price leaped $13.86 to close at $79.93.

AmerisourceBergen's License Suspended

The DEA suspended AmerisourceBergen Corp.'s (ABC) license to distribute controlled substances from its Orlando distribution center sending the stock price plunging $4.04 to close at $52.32.

Jarden To Buy K2

K2 Inc. (KTO) reported higher first quarter earnings that beat expectations and announced that the sporting goods maker will be acquired by Jarden Corp. (JAH) for approximately $766 million. Shares of K2 surged $2.52 to close at $15.10 while Jarden stock dropped $1.52 to close at $41.58.

Alcoa May Sell Packaging Business

Alcoa Inc. (AA) may sell its packaging and consumer business lifting the stock price $1.81 to close at $35.76.

Flat Earnings For Travelzoo

Shares of Travelzoo Inc. (TZOO) plummeted $8.72 to close at $28.16 after the online travel marketing service reported higher revenues and flat earnings.

Positive Trial Results For BioDelivery

BioDelivery Sciences International Inc. (BDSI) reported positive trial results for its pain reducing drug in cancer patients sending the stock price soaring $1.41 to close at $6.05.

Amazon Impresses

Online retail giant Amazon.com Inc. (AMZN) lived up to its name by reporting earnings that more than doubled to 26 cents per share from 12 cents per share a year earlier, beating estimates by an impressive 11 cents. The stock price leaped $12.06 to close at $56.81.

Earnings Surge For Transcend Services

First quarter earnings surged to 15 cents per share from 2 cents per share a year earlier for Transcend Services Inc. (TRCR) sending the stock price soaring $3.81 to close at $13.50.

Lexmark Misses

While Lexmark International Inc. (LXK) reported higher first quarter earnings of 95 cents per share compared with 78 cents per share in the year ago period, the results missed expectations sending shares of the printer maker plunging $5.57 to close at $56.44.

Trial Failure For Amarin

Shares of Amarin Corp. (AMRN) collapsed $2.95 to close at 83 cents after the drug research firm reported a failure with its Huntington's disease treatment trials.

Ultra Clean Holdings Disappoints

Ultra Clean Holdings Inc. (UCTT) disappointed with first quarter results of 24 cents per share compared 12 cents per shares last year to fall short of expectations and forecast second quarter earnings below analyst estimates. The stock price plunged $3.75 to close at $15.85.

Earnings Surge For Express Scripts

Express Scripts Inc. (ESRX) reported higher first quarter earnings of 97 cents per share compared with 70 cents per share in the year ago period prompting an analyst upgrade. The stock price soared $8.08 to close at $96.98.

Paccar's Earnings Rise

First quarter earnings for Paccar Inc. (PCAR) rose to $1.46 per share from $1.35 per share a year earlier to beat expectations as international sales surged. The stock price leaped $7.77 to close at $86.56.

Applied Micro Circuits Warns

Applied Micro Circuits Corp. (AMCC) warned that fourth quarter sales would drop more sharply than expected sending the stock price plunging 80 cents to close at $2.73.

Purchase Offer For Affiliated Computer Services Increased

Darwin Deason and a private equity firm increased its purchase offer for Affiliated Computer Services Inc. (ACS) to $62 per share. The stock price climbed $2.70 to close at $61.45.

Bausch & Lomb Rumored To Be Acquisition Target

Rumors that Bausch & Lomb Inc. (BOL) may be acquired lifted shares of the eye care products company $7.01 to close at $61.93.

Gentex Reports Higher Earnings

Gentex Corp. (GNTX) posted higher revenues and profits due to strong automotive and commercial fire protection product sales. The stock price surged $2.27 to close at $18.75.

Administaff Lowers Guidance

Human resources service provider Administaff Inc. (ASF) lowered its earnings guidance due to missed staffing goals and higher health care costs. The stock price plunged $4.32 to close at $33.21.

AstraZeneca To Buy MedImmune

U.K.-based AstraZeneca PLC (AZN) offered $15.6 billion to buy Maryland-based MedImmune Inc. (MEDI). Shares of MedImmune leaped $8.56 to close at $56.57 while AstraZeneca stock tumbled $3.13 to close at $55.91.

Hub Group Beats Expectations

First quarter earnings for Hub Group Inc. (HUBG) rose to 29 cents per share from 22 cents per share in the year ago period beating expectations and lifting the stock price $4.99 to close at $35.48.

RightNow Widens Losses

RightNow Technologies Inc. (RNOW) widened first quarter losses to 18 cents per share from a penny per share a year earlier. The stock price plunged $3.07 to close at $14.99.

Stamps.com Guides Below Expectations

Stamps.com (STMP) offered full-year guidance that were lower than analysts' estimates sending the stock price tumbling $2.47 to close at $12.88.

EpiCept Reports Positive Trial Results

Shares of EpiCept Corp. (EPCT) surged $1.67 to close at $3.95 after a compound showed promise treating brain tumors.

Foot Locker To Buy Genesco

Foot Locker Inc. (FL) offered $1.2 billion in cash to buy shoe, hat and accessories retailer Genesco Inc. (GCO). Shares of Genesco soared $6.57 to close at $49.98 while Foot Locker stock rose 59 cents to close at $24.21.

Google Earnings Impress

Google Inc. (GOOG) asserted its dominance in online search by reporting strong revenues and earnings that surged to $3.18 per share compared with $1.95 per share in the year ago period. The stock price jumped $10.83 to close at $482.48.

Smith Micro Software Downgraded

Jefferies & Co. downgraded Smith Micro Software Inc. (SMSI) over revenue growth concerns sending the stock price tumbling $3.37 to close at $16.36.

Earnings Rise For Heatland Express

Increased sales lifted first quarter earnings for Heartland Express Inc. (HTLD) to 23 cents per share from 20 cents per share last year, easily beating expectations. Shares of the truckload carrier soared $1.52 to close at $17.91.

Intersil's Earnings Rise

Intersil Corp. (ISIL) reported higher first quarter earnings of 24 cents per share compared with 22 cents per share in the year ago period despite a slip in sales. The stock price climbed $2.22 to close at $30.37.

Spansion Widens Losses

Spansion Inc. (SPSN) blamed competitive pricing pressure for widening first quarter losses to 56 cents per share from losses of 40 cents per share a year earlier. The stock price plunged $2.49 to close at $10.00.

Avici Swings To Profit

Avici Systems Inc. (AVCI) announced a profit of 42 cents per share versus year-ago losses of 41 cents per share and a decision to stop development of core router products. The stock price plummeted $3.89 to close at $9.65.

Labor Ready Beats Estimates

Labor Ready Inc. (LRW) beat earnings estimates by 5 cents with first quarter earnings of 21 cents per share and raised its outlook despite slow demand for temporary workers in the housing sector. The stock price leaped $3.43 to close at $21.63.

Buy Out Rumors Lift Jefferies Group

A rumor that Jefferies Group Inc. (JEF) may be purchased boosted shares of the investment bank $2.33 to close at $31.04.

Linear Technology Accelerates Stock Buy Back Plan

Despite reporting a drop in third quarter earnings to 32 cents per share from 35 cents per share a year earlier, shares of Linear Technology Corp. (LLTC) surged on news of the company's accelerated $3 billion stock repurchase plan

Evergreen Solar Warns Of Wider Losses

A disappointing drop in sales prompted Evergreen Solar Inc. (ESLR) to warn that second quarter losses will be wider than anticipated. The stock price tumbled $1.26 to close at $10.64.

Yahoo's Earnings Fall

Yahoo Inc. (YHOO) reported a drop in first quarter earnings to 10 cents per share from 11 cents per share in the year ago period sending the stock price plunging $3.78 to close at $28.31.

Avanir Reports Positive Trial Results

Avanir Pharmaceuticals (AVNR) shares leaped $3.92 to close at $5.19 after reporting positive results for its diabetic pain drug.

JP Morgan Reports Higher Earnings

JP Morgan Chase & Co. (JPM) reported sharply higher earnings due to strong investment banking revenues. The stock price rose $1.89 to close at $52.07.

Solarfun Power Downgraded

CIBC World Markets downgraded Solarfun Power Holdings Co. Ltd. (SOLF) citing valuation concerns. The stock price dropped $2.68 to close at $15.00.

TD Ameritrade Falls Short

TD Ameritrade Holding Corp. (AMTD) reported lower second quarter earnings that fell a penny short of expectations and trimmed its 2007 outlook. The stock price dropped $1.56 to close at $15.31.

BCE Confirms Sale Rumors

BCE Inc. (BCE) confirmed rumors that the Canadian telecom was in talks to sell itself to a group of pension fund managers. The stock price surged $2.03 to close at $34.10.

Telik Reports Positive Drug Trial Results

Telik Inc.'s (TELK) lung cancer drug Telcyta improved survival rates in a mid-stage clinical trial sending the stock price up 54 cents to close at $6.43.

Possible Client Losses Send First Marblehead Lower

Fears that First Marblehead Corp. (FMD) may lose two major clients sent shares of the student loan processor plunging $9.83 to close at $34.60.

AK Steel Named One Of Best Investments Of 2006

Fortune magazine named AK Steel Holding Corp. (AKS) one of best investments of 2006. The stock price climbed $2.24 to close at $27.25.

Potential Buyer For Fremont General Subprime Business

Fremont General Corp. (FMT) found a potential buyer for its subprime mortgage business sending the stock price soaring $1.83 to close at $8.88.

Quest Diagnostics To Acquire AmeriPath

Quest Diagnostics Inc. (DGX) will pay approximately $1.23 billion in cash to purchase AmeriPath Inc. The stock price tumbled $2.36 to close at $51.69.

Apollo Investment To Buy Innkeepers USA

Innkeepers USA Trust (KPA) will be acquired by Apollo Investment Corp. (AINV) for approximately $1.5 billion in cash. Shares of Innkeepers surged $1.51 to close at $17.96 while Apollo stock rose 51 cents to close at $21.88.

Antigenics Reports Upbeat Data

Antigenics Inc. (AGEN) reported upbeat data from the clinical trial of its cancer vaccine Oncophage against brain cancer. The stock price jumped 76 cents to close at $4.43.

Comverge Surges

Comverge Inc. (COMV) stock surged $4.31 to close at $22.31 in its market debut.

Varian Medical Warns

Varian Medical Systems Inc. (VAR) warned that second quarter revenue will fall short of expectations. The stock price tumbled $3.56 to close at $45.38.

Medis Ships Power Packs

Medis Technologies Ltd. (MDTL) shipped its first commercial sale of Microsoft branded 24/7 Power Packs. Shares of the fuel cell maker leaped $2.03 to close at $20.32.

Semitool Lowers Outlook

Semitool Inc. (SMTL) lowered its revenue outlook due to a decline in demand for its wafer processing equipment. The stock price plunged $2.10 to close at $10.89.

Merck Raises Outlook

Merck & Co. Inc. (MRK) raised its profit outlook for the year lifting the stock price $3.85 to close at $50.21.

Positive Results For Dyax

Dyax Corp. (DYAX) announced positive results for its genetic disease drug trial sending the stock price soaring $1.97 to close at $5.97.

Nautilus Lowers Guidance

Fitness equipment maker Nautilus Inc. (NLS) lowered its first quarter guidance sending the stock price tumbling $2.34 to close at $13.67.

IPSCO Confirms Sale Rumors

Steel product maker IPSCO Inc. (IPS) confimed that it was in talks to sell the company. The stock price leaped $15.06 to close at $145.96.

MedImmune May Sell Itself

MedImmune Inc. (MEDI), the maker of FluMist, revealed that it may be exploring a possible sale sending the stock price soaring $5.79 to close at $43.63.

Allen Systems To Buy Mobius

Allen Systems Group Inc. offered $199 million to buy software maker Mobius Management Systems Inc. (MOBI). The stock price surged $2.35 to close at $9.79.

Marinemax Warns Of Slowing Sales

Shares of Marinemax Inc. (HZO) sank $3.24 to close at $19.71 after the company warned of slowing recreational boat sales.

Interphase Lowers Outlook

Interphase Corp. (INPH) lowered its outlook due to slackening demand for its telecommunications equipment products and faced a possible quarterly loss. The stock price plunged $3.32 to close at $10.34.

American Medical Systems Warns

American Medical Systems Holdings Inc. (AMMD) warned that the company will fall short of first quarter expectations due to inventory problems. The stock price plunged $3.22 to close at $18.21.

Fast Track Status For Cell Therapeutics'

The FDA granted Cell Therapeutics Inc.'s (CTIC) lung cancer treatment Xyotax fast-track status sending the stock price up 21 cents to close at $1.83.

Tractor Supply Reports Higher Revenue

Tractor Supply Co. (TSCO) reported higher revenues and profits while boosting its guidance due to strong demand for winter-related products at its retail stores. The stock price soared $5.19 to close at $56.30.

CheckFree Downgraded

An analyst downgraded CheckFree Corp. (CKFR) due to concerns about losing Bank of America as an online bill pay processing client. The stock price plunged $2.79 to close at $35.35.

Citigroup Slashes 17,000 Jobs

Citigroup Inc. (C) announced plans to slash 17,000 jobs in order to improve profits. The stock price lost 60 cents to close at $51.80.

Nuvelo Downgraded

Bank of America downgraded Nuvelo Inc. (NUVO) citing overly optimistic expectations that the company's failed blood clot treatment alfimeprase may be used to treat stroke patients. The stock price tumbled 97 cents to close at $4.43.

Cemex Raises Rinker Offer

Cemex S. A. B. de C. V. (CX) raised its takeover offer for Rinker Group Ltd. The stock price gained $1.99 to close at $35.32.

BCE May Be Bought

Rumors of a possible buyout lifted shares of telecommunications company BCE Inc. (BCE) $1.66 to close at $29.89.

United Rentals May Sell Itself

United Rentals Inc. (URI) is exploring strategic alternatives to increase shareholder value including the possible sale of the equipment rental company. The stock price leaped $4.81 to close at $32.36.

Adolor Withdraws Drug Application

Shares of Adolor Corp. (ADLR) plummeted $5.12 to close at $3.60 after the company withdrew its application for a constipation drug treatment.

Seagate Warns

Storage technology provider Seagate Technology (STX) issued a sales warning due to increased competition and slowing demand. The stock price tumbled $1.46 to close at $22.00.

Analysts Recommend Buying Autodesk

Strong sales at software maker Autodesk Inc. (ADSK) triggered a buy recommendation by analysts. The stock price gained $1.49 to close at $40.33.

Sourcefire Warns Of Loss

Sourcefire Inc. (FIRE) warned of a first quarter loss. The stock price plunged $5.07 to close at $12.28.

Positive Trial Results For Cell Genesys

Last week, Cell Genesys Inc. (CEGE) reported positive trial data for its prostate cancer treatment GVAX sending the stock price soaring $1.42 to close at $6.86.

Avocent's Outlook Disappoints

Avocent Corp. (AVCT) provided a first quarter outlook that was below expectations sending the stock price tumbling $2.06 to close at $24.88.

Daktronics Issues Sales And Profit Warning

Video screen maker Daktronics Inc. (DAKT) issued a sales and profit warning due to delayed bookings sending the stock price plunging $5.78 to close at $22.13.

Optimism Over Memory's Alzheimer Treatment

Investors were optimistic about Memory Pharmaceuticals Corp.'s (MEMY) trial for its Alzheimer drug treatment. The stock price surged 73 cents to close at $2.36.

Dendreon Continues Advance

Shares of Dendreon Corp. (DNDN) continued to surge after an FDA panel recommended approval for the biotech's prostate cancer vaccine Provenge. The stock price leaped $5.53 to close at $23.58.

Allot Lowers Outlook

Allot Communications Ltd. (ALLT) blamed weak sales for slashing its first quarter as well as its fiscal 2007 guidance. The stock price plunged $2.09 to $7.06.

Xerox To Purchase Global Imaging Systems

Xerox Corp. (XRX) offered $1.5 billion in cash to buy Global Imaging Systems Inc. (GISX). Shares of Global Imaging Systems jumped $9.15 to $28.65 while Xerox stock edged up 10 cents to $16.99.

Starwood Hotels' CEO Resigns

The CEO of Starwood Hotels & Resorts Worldwide Inc. (HOT) stepped down in a disagreement with the company board. The stock price climbed $2.77 to $67.62.

First Data To Go Private

Private equity firm Kohlberg Kravis Roberts offered $29 billion to take First Data Corp. (FDC) private. The stock price leaped $5.62 to $32.53.

Novavax Reports Upbeat Trial Results

Novavax Inc. (NVAX) reported upbeat results for its vaccine against a strain of avian flu sending the stock price soaring 60 cents to $3.19.